Philip J. LeBeau is a CNBC auto and airline industry reporter based at the network's Chicago bureau. He is also editor of the Behind the Wheel section on CNBC.com.
LeBeau has reported one-hour documentaries for the network, including "Dreamliner: Inside the World's Most Anticipated Airplane," "Ford: Rebuilding an American Icon" and "Saving General Motors."
Prior to joining CNBC, LeBeau served as a media relations specialist for Van Kampen Funds in Oak Brook Terrace, Ill., and was instrumental in implementing an initiative to communicate the company's mutual fund and investment practices to the public and the press. While at Van Kampen, LeBeau held a Series 6 license.
Previously, he held general assignment reporting positions at KCNC-TV, the CBS affiliate in Denver, and KAKE-TV, the ABC affiliate in Wichita, Kan. LeBeau began his career as a field producer at WCCO-TV in Minneapolis, where he wrote, produced and researched consumer stories. He graduated from the University of Missouri-Columbia School of Journalism with a bachelor's degree in journalism and broadcasting.
Follow Phil LeBeau on Twitter @Lebeaucarnews.
So it's come to this. Giving customers a guarantee they won't pay more than $2.99 a gallon if they buy a new car, truck, SUV. On the surface, it's a smart move by Chrysler. But I'm not sure how much it will help sales at the struggling automaker.
Ask yourself a question, and be honest: If you ran Ford, would you hang on to Volvo and continue sinking money into turning around the brand or would you unload it as soon as you got a decent price?
After years of lamenting the "death of the car" and the rise of the SUV and CUV, fans of the sedan are finally seeing things turn their way. Last month, for the first time in roughly 20 years, cars outsold trucks (Pick-ups, SUVs, CUVs and minivans).
At long last the gas price surge has hit a point where truck and SUV sales are hurting. How bad is it? Look at the awful April numbers for truck sales.
Take that GM doubters. In the last month there's been a growing chorus of investors and auto industry followers who have started to question if the General Motors turnaround had stalled. It looks like the naysayers are a bit overzealous in their predictions of gloom and doom.
In one week Ford has gone from being perceived as an automaker struggling to jump start its business, to a company and stock worth betting on. My how things can change in just a few days. So it's time to ask yourself: Do you believe Ford will come back?
How's this for an intriguing move. Tracinda Corp., the investment firm representing the vast interests of billionaire investor Kirk Kerkorian is tendering an offer to take a greater stake in Ford Motor Company.
This is getting to be a habit for Ford Motor Chief Executive Alan Mulally. Once again, his company has posted better-than-expected quarterly earnings. This time, the company turned a $100 million profit when Wall Street was forecasting a loss of roughly $300 million.
Are we finally at the tipping point? You know, the point where people are so fed up with spending $40, $60, or $80 to fill up their car, truck or SUV that they clamor for something to be done? If word of mouth is worth anything, I say we've hit that point.
GM is dropping Chevy as its primary brand for mass-market vehicles in Europe and making Opel its mainstream line.
And Ford is targeting the global market: The newest Mustang was unveiled in six cities around the world on Thursday.
Auto loan interest rates hit their lowest level in at least six years, and Americans took out a record number of loans.
Because of a surge in business from Black Friday, the auto industry posted its best monthly sales since February 2007.